EVP

Jun 20, 2008 09:44

Harvard just created a new position called Executive Vice President. The paragraph in the Crimson that caught my eye was: "The move to the educational sector will come with a steep drop in pay for Forst, who earned nearly $50 million in the fiscal year ending in 2007, according to Forbes. Harvard vice presidents generally earn under $500,000."

I still can't believe it's possible for someone to make $50M in one year without actually inventing or creating something. It's a little bit sickening.
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